Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...